Easing Of CMBS Underwriting Standards Called Worrisome

Moody’s Investors Service says it finds signs that lenders are relaxing underwriting standards on commercial mortgages that will be packed into securities worrisome.

  • 24 Oct 2011
Moody’s Investors Service says it finds signs that lenders are relaxing underwriting standards on commercial mortgages that will be packed into securities worrisome. The trend, says Moody’s, has led to a surge in MBS sales in the third quarter, noting, for example, that proportion of hotel CMBS deals ...

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